A company can increase its growth rate by taking goods or services developed at home and selling them internationally. The returns from such a strategy are likely to be greater if
A) the product is already being offered by local companies in the nations that the company enters.
B) the product is a generic product that requires little differentiation.
C) indigenous competitors in the nations that the company enters lack comparable products.
D) there is a high inflation in the nations that the company enters.
E) the product is perceived to be very costly in the home country of the company.

Question

Quizplus · Accepted Answer

If indigenous competitors lack comparable products, the company can capitalize on the lack of competition and potentially capture a larger market share, leading to greater returns.

A Company Can Increase Its Growth Rate by Taking Goods